Crisis

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    fraction of them have access to potable water. Only nineteen countries in Africa are estimated to meet the Millennium Development Goals (Saliu). Oftentimes, the people of South Sudan are forced to consume contaminated water thus this water and sanitation crisis consequently resulted in 400,000 water-related deaths in Africa (Saliu). Additionally, in South Sudan, the water contamination peaked during the South Sudanese civil war. Two primary South Sudan tribes, the Dinka and the Nuer fought…

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    The 2008 Financial Crisis

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    textbook authors put the word “crisis” in quotes because, it was caused by human greed, and that could have been avoided. 2. The 2008 financial crisis hurt both individuals, business and the country in general. According to Ryan Guina’s article on the great recession; the recession was caused by greed! The United States’ economy is built on credit. Credit is a great tool that promotes growth and jobs, and if abused, the outcome can be catastrophic, as witnessed in the 2008 crisis. - For…

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    Mortgage Crisis Theory

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    The mortgage crisis had always left many Americans unhappy and confused. They had felt cheated by the banks, whom they blamed for their decline in house values. They had also felt scared, as the entire financial sector was much too large and complicated for them to fully understand, and they had families to worry about. Like the average American, many scholars and economists today still are not completely sure about how the crisis occurred. There are many varying theories, some pointing at…

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    Global Financial Crisis (hereinafter the Crisis) has been the most significant financial disaster of the twenty-first century thus far. With hindsight, it is possible to isolate the causes of the crisis and so be able to gauge the responses of political thinkers. As the most severe financial crisis since the Great Depression, it was natural that the political responses of the time would be both highly important and highly controversial. In order to understand the causes of the crisis, one…

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    Cuban Embargo Crisis

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    [resulted] in a loss of approximately $1.126 trillion over the next fifty years, according to Cuban government estimates” ("Timeline: U.S.-Cuba Relations"). Also during Kennedy’s presidency was the Cuban Missile Crisis, which took place from October 14, 1962 to October 28, 1962. The Cuban Missile Crisis refers to when the U.S. satellites discovered Soviet missiles in Cuba and in response ordered a naval blockade on Cuba that lasted thirteen days. The last major act of the sixties involving Cuba…

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    Cban Missile Crisis

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    Throughout the cuban missile crisis, Nikita Sergeyevich Khrushchev, Soviet leader, John F. Kennedy, United States president, and Fidel Castro, Cuban leader, engaged in many communications. This thirteen day standoff started because the Soviet union and Cuba became allies and the Soviet set up missiles 90 miles from the United States shore. The essay ‘Nikita Khrushchev, the Cuban Missile Crisis, and the Aftermath’ by Jason Roeschley, states “The actual crisis began on October 16 and 17 of 1962,…

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    For generations, Lake Taihu, China’s third largest freshwater lake in Wuni, Jiangsu Province, has provided a home and livelihood for over two million people. By way of contrast, in late May, 2007, a drinking water crisis took place following a massive bloom of the toxin producing cyanobacteria Microcystis spp. in Lake Taihu.2 Ultimately, due to unusual growth of algae, the lake digressed to completely green. Local reports say algae density is 38% higher than it was in 2016. Lake Taihu was known…

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    2007 Economic Crisis

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    1). Many economists consider the crisis of 2007-2009 to be the worst financial crisis since the Great Depression. The housing market crash of 2007 was one of the major significant causes of this financial crisis. Between the period of 1995-1999, the housing market had a slow, but continuous growth. Once the stock market crash in 2000, most shareholders removed their money from stocks and put it into housing. The Federal Reserve endorsed the housing market to help create wealth and to assist in…

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    Foreclosure Crisis Essay

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    the Foreclosure Crisis several years ago, my community was hit hard. I never thought I would see homes in my neighborhood being foreclosed. It was unbelievable. I was in middle school and high school when this was going on and heard my parents discussing this many times. I look back and think there were things that could have been done to prevent this from being a nation-wide disaster. I believe that there are things that can be done to minimize the effect of a foreclosure crisis again if…

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    At the beginning of the Mexican crisis the IMF was busy congratulating itself on how successful previous bailouts and restructuring programs had been. Mexico was like a star pupil; its economy was getting stronger and it had just joined NAFTA. While in hindsight the forces that led to the crisis seem obvious, at the time nobody saw a crisis approaching. The Mexican crisis was set off by a series of political assassinations which led to decreased investor confidence and the flight of foreign…

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